Meta Faces $1.4 Trillion Youth Safety Lawsuit
Tuesday, 07 July 2026 01:53 PM EDT
Meta Platforms said in a court filing four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.
Meta put forward the figure in the filing Monday in its response to the attorneys general's filings on how penalties should be calculated if the states prevailed at trial.
The number, which has not previously been disclosed and is close to Meta’s market capitalization of around $1.5 trillion, comes ahead of an August trial in Oakland, California, over the claims brought by California, Colorado, Kentucky and New Jersey against the company.
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READ MORE: https://www.newsmax.com/finance/streettalk/meta-youth-safety/2026/07/07/id/1262072/
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